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== Growth of Chinese EV Imports In Europe == | |||
== Profitability of Chinese EV Makers == | == Profitability of Chinese EV Makers == | ||
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* BYD plans to complete the construction of the Szeged plant within 3 years. It also plans to start production in late 2025<ref name=":2" />. | * BYD plans to complete the construction of the Szeged plant within 3 years. It also plans to start production in late 2025<ref name=":2" />. | ||
* On May 2024, BYD's European director Michael Shu announced that the company is considering building a second plant in Europe in 2025. Michael Shu pointed out that BYD's '''Seagull model which starts in China at less than $10,000 will cost less than $20,000 in Europe.''' He added that they want to become a leading EV manufacturer in Europe by 2030<ref>https://www.reuters.com/business/autos-transportation/byd-will-consider-second-european-plant-2025executive-says-2024-05-09/</ref>. | * On May 2024, BYD's European director Michael Shu announced that the company is considering building a second plant in Europe in 2025. Michael Shu pointed out that BYD's '''Seagull model which starts in China at less than $10,000 will cost less than $20,000 in Europe.''' He added that they want to become a leading EV manufacturer in Europe by 2030<ref>https://www.reuters.com/business/autos-transportation/byd-will-consider-second-european-plant-2025executive-says-2024-05-09/</ref>. | ||
== How Is The Quality of Chinese EVs Sold In Europe? == | |||
== References == | == References == | ||